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Showing 2951 - 2960 of 22782 results for "Funds"

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
... characteristics of these indices remain a highly subjective issue." Higgins noted that Zenith does not rate either of the Vanguard funds which have been pulled up by ASIC on greenwashing grounds. However, when assessing funds or ETFs that track customised ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... or investments operated by a bank like a term deposit. The superannuation sector invests 55% of members' money in managed funds (excluding self-managed superannuation funds). One area the review will consider is the appropriate threshold for wholesale ...

Cbus appoints new head of portfolio strategies

ANDREW MCKEAN  |  FRIDAY, 4 AUG 2023
... to this, Gavin was chief investment officer of LUCRF Super following a long career advising some of Australia's largest funds at Frontier Advisors. Cbus chief investment officer Brett Chatfield said: "This is a key appointment to assist in accelerating ...

Mayfair 101 accuses ASIC of "suspicious" conduct over FOIs

JAMIE WILLIAMSON  |  FRIDAY, 4 AUG 2023
... misreading of data, leading to managing director James Mawhinney being accused of misappropriating $18 million of investor funds and what ensuing efforts to have Mayfair wound up were largely based on. The group is also seeking notes related to a meeting ...

Industry fund chief named Fund Executive of the Year

ANDREW MCKEAN  |  FRIDAY, 4 AUG 2023
... grant by award sponsor T. Rowe Price. FEAL chair Brian Delaney said: "Bernard's leadership has taken two already strong funds that were locally focussed through a complex and high-stakes merger process to create a fund that now ranks as one of the largest ...

Pinnacle steadies FY23 profit, FUM

KARREN VERGARA  |  FRIDAY, 4 AUG 2023
... Investment Management was able to buffer wider economic shocks to maintain its profitability, reporting modest inflows and funds under management growth in the 2023 financial year. The ASX-listed firm, with its 15 affiliates, saw FUM of $91.9 billion ...

Banking sector fears propel family offices towards metals

CHLOE WALKER  |  FRIDAY, 4 AUG 2023
... study by Tresor Gold. The research was conducted in April among 100 metals and mining investors working for sovereign wealth funds, pension funds, private equity funds, venture capital funds, and 20 family offices located in Canada, Australia, the US ...

Former director pleads guilty to super misuse

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
... misconduct charges after he encouraged investors to move their super into a self-managed superannuation fund (SMSF) to lend those funds to his two companies. Naseeruddin admitted guilt to two charges of dishonest conduct and two charges of failing to ...

Commercial property deals stuck at 2011 levels

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2023
... offices, the MSCI/Mercer Australia Core Wholesale Monthly Property Fund Index showed that annual capital growth for office funds was -7.9% in the second quarter, contributing to a total return decline of -4.4%," MSCI said. It added that the outlook for ...

HESTA moves 10% of portfolio in-house

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
... and sustainability. Since, the fund has been steadily expanding the portfolio, with the team now managing $4 billion in funds under management. The fund said its internal fixed income and cash strategies also went live recently in June 2023. HESTA chief ...